Crypto News
Bitcoin saw a mild bounce during early trading in Asia, rising 3% to briefly touch $110,256 before settling at $109,652, CryptoSlate data showed. This uptick followed a weekend pullback from recent record highs. Market analysts suggest that BTC’s price trajectory remains solid, backed by favorable regulatory developments and steady institutional participation. Valentin Fournier, Lead Analyst…
Remixpoint, a Japanese-listed energy software firm, has approved the purchase of an additional ¥1 billion ($7 million) in Bitcoin, bringing its total cryptocurrency holdings to approximately ¥12 billion ($84 million), the company announced on May 26 following a board resolution. According to the announcement, the new BTC purchase is separate from the 4.4 billion yen…
A new study by AI safety firm Palisade Research has revealed that OpenAI’s o3 model actively defied explicit shutdown instructions. The research, published on May 24, found that o3 was the only artificial intelligence model tested that repeatedly sabotaged its shutdown mechanism. The firm stated: “OpenAI’s o3 model sabotaged a shutdown mechanism to prevent itself…
Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the…
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Coinbase is facing a class action lawsuit from shareholders who allege the crypto exchange failed to promptly disclose a serious data breach and a regulatory violation, both of which contributed to a drop in the company’s stock price. The lawsuit, filed Thursday in the US District Court for the Eastern District of Pennsylvania, claims investors…
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A 37-year-old crypto investor is facing multiple felony charges after allegedly kidnapping and torturing a man inside a luxury Manhattan townhouse for nearly three weeks in a failed attempt to steal his Bitcoin. John Woeltz, originally from Kentucky, was arrested Friday morning after the 28-year-old victim, a visitor from Italy, managed to escape and flag…
The following is a guest post and opinion of Sveinn Valfells, Co-founder of Monerium. Mario Draghi is right. Europe hobbles itself with substantial tariffs, including regulations on “the most innovative part of the service sector – digital”. The European Union has done just that by creating tariffs on stablecoins, a practical form of digital money…
Bitcoin rose above $109,600 on Monday, rising 1.4% after US President Donald Trump unexpectedly extended a deadline to impose steep tariffs on EU goods, easing market concerns and supporting risk assets. The surge followed Trump’s decision late Sunday to push back the potential introduction of 50% tariffs on EU imports to July 9. Just two…
